Inactivity fee at FXCM

Yes, FXCM charges an inactivity fee.

Inactivity fee conditions at FXCM are the following: $50 per year after one year of inactivity.

The inactivity fee charged by FXCM is considered low, so if you otherwise find its fees and services attractive, it shouldn't alone deter you from opening an account.

Data updated on October 10, 2023

At BrokerChooser, we only publish objective analyses based on live testing. Every recommendation is unbiased and based on first-hand experience: we open a live account anonymously at each broker, deposit real money and test every important feature.

My key findings in a nutshell

My key findings in a nutshell

Gyula Lencsés, CFA

Stock Market Maestro | Stock Market • Investment • Market Analysis

I’ve been a professional stock trader for more than a decade, investing into equities, ETFs and many other asset types in my capacity as a pension fund and investment fund manager. When it comes to equities, I prefer value-based fundamental long-term investment over short-term trading.

Learn about our methodology

Gyula Lencsés, CFA

Stock Market Maestro | Stock Market • Investment • Market Analysis

I've thoroughly tested FXCM services with our analyst team by opening a real-money account and these are my most important findings:

• The inactivity fee is an important non-trading fee for long-term investors
• Brokers usually charge an inactivity fee if you fail to use your account for a longer period
• FXCM charges an inactivity fee

Brokerage fees come in many forms. Some of them you're probably aware of, but others are less obvious and can hurt your investment results if you don't pay attention to them. Inactivity fees are among those fee items that can serve up an unpleasant surprise to the casual long-term investor.

What is an inactivity fee? At some brokers, you have to pay an inactivity fee if you don't use your account for trading or other transactions for a longer period (usually one year or more). Once it kicks in, you have to pay it regularly until you start trading again. Exact terms - such as what counts as an activity - differ from broker to broker, so check them carefully.

To read more about possible expenses you may face as a long-term investor, check out our summary of the most common brokerage fees.